Bell Company Ends Year With a $408 Million Flurry of Transactions

Greensboro, N.C.-based Steven D. Bell & Company completed 14 real estate transactions in the last 50 days of 2007, including nine acquisitions and five sales, totaling approximately $408 million in value. The flurry of activity included three property sales in the North Carolina Triad area and two portfolio purchases in late December, including properties in…

Read More

Bell Purchases Seven Apartment Properties for More Than $96 Million

Greensboro-headquartered Steven D. Bell & Company has purchased seven apartment properties in three Southeastern states valued at $96,100,000. Six of the multi-family communities, totaling 1,456 units, were purchased from Berwind of Philadelphia, an investment management company. Valued in total at $81,200,000, three of these properties are located in Metro Atlanta, two in Huntsville, Ala. and…

Read More

Bell Names New Senior Vice President of Multifamily Division

GREENSBORO, N.C.- Steven D. Bell & Company is pleased to announce that Erin Ditto will join the firm in late October as Senior Vice President of the company's Multifamily Division. Ditto is currently Senior Vice President of Operations at United Dominion Realty Trust. About Bell Partners Inc. Established in 1976, Bell Partners Inc. (“Bell Partners”…

Read More

Bell Executes Apartment Portfolio Sale of $677 Million

Steven D. Bell & Company has sold 29 apartment properties in four Southeastern states and Texas worth approximately $677 million, making these sales the largest collective transaction in the 31-year history of the company. The transactions include two separate portfolio sales. The first portfolio included the recent disposition of two properties in Atlanta, GA and…

Read More

Bell Closes on Two Apartment Properties Valued at More Than $26 Million

GREENSBORO, N.C.- Steven D. Bell & Company recently purchased apartment communities in Arkansas and North Carolina, including The Beckanna, a landmark property high rise near Crabtree Valley Mall in Raleigh. The Beckanna was acquired for $16.4 million from Beckanna LLC, which recently completed an extensive renovation of the 254-unit complex. Beckanna was built in 1963…

Read More

Bell Sells Two Apartment Communities for More Than $51 Million

GREENSBORO, N.C.- Steven D. Bell & Company recently completed the sale of two apartment properties located in Chapel Hill and Metro Atlanta for a combined price of approximately $51 million. Notting Hill in Chapel Hill was sold to Crow Holdings for approximately $25.3 million. The 200-unit apartment community was constructed in a joint venture with…

Read More

Bell Invests $31M in Georgia Retail Centers

Steven D. Bell & Company has purchased three retail properties in Georgia in deals totaling $31 million. The properties include: Crossroads Pointe in metro Atlanta, a 30,600-square-foot center anchored by a grocery building that is currently leased by Kroger but not occupied; the 38,171-square-foot Berwick Marketplace in Savannah; and, the 96,141-square-foot Rivoli Crossing in Macon,…

Read More